Chrysler This Month Could Begin Process to Go Public

UAW Retiree Trust With 41% Stake Wants Auto Maker to List Shares

By

Gilles Castonguay And

Christina Rogers

Sept. 13, 2013 12:24 p.m. ET

Chrysler Group LLC this month expects to seek regulatory approval for an initial public offering of shares, paving the way for an open-market sale of part of a union trust's holdings early next year, the auto maker's chief executive said on Friday.

The move ratchets up the pressure on Chrysler Chief Executive Sergio Marchionne to come to a deal for trust shares before an IPO could occur. The two sides have been in talks for months...